Discover and read the best of Twitter Threads about #DogecoinBinanceIncident

Most recents (1)

As per their official press release, because of mishandling of the upgrade of their wallets, in November, @binance sent out duplicates of old transactions from 2019 to 1634 users.

These accounts have been marked as in "arrears" and asked to return the extra $Doge.
The issue was caused by the fact Binance was holding their Doge in a very old #Dogecoin Core version (1.14.0!) when they upgraded to 1.14.5.

In 2019, they had resent stuck transactions without following the proper protocol. More on this:

The changes introduced in Dogecoin 1.14.4-1.14.5 caused those old transactions to become unstuck and being sent over few minutes to 1600+ users, to wallet addresses many of those have no longer access to.

As a response, Binance shut everything down at once. For 3+ weeks.
Read 10 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!